DAVOS, Switzerland: For economies to remain competitive in the future, they must prioritize investments in human capital, Her Royal Highness Princess Reema Bandar Al-Saud, Ambassador of the Kingdom of Saudi Arabia to the United States of America, told the World Economic Forum (WEF) Annual Meeting 2026. Speaking on a Saudi House panel, HRH commented: “Human capital today is the key …

By Rafiq Vayani GENEVA/DUBAI: The International Air Transport Association (IATA) announced the renewal of an agreement with CFM International (CFM) through February 2033, supporting increased competition in the market for maintenance, repair, and overhaul (MRO) services for engines manufactured by CFM, a 50/50 partnership between GE Aerospace and Safran Aircraft Engines. “Airlines have long struggled with the aftermarket business practices of manufacturers, …

News Desk DUBAI: Pratham Mittal, Founder of Tetr College and Masters’ Union, has announced the launch of the Tetr Emerging Founders’ Challenge (TEFC), a new entrepreneurship initiative offering equity-free grants of up to USD 7500 to student-led startups across India, Southeast Asia, and the Middle East. The USD 100,000+ grant pool has been allocated from Tetr’s Innovation Fund, and is …

By Rafiq Vayani ABU DHABI: Object 1, an award-winning and rapidly growing real estate developer, has closed a major land investment in Abu Dhabi, marking a significant step forward in its expansion into the capital. The developer has acquired four waterfront plots on Al Reem Island, within the Shams Gate District, with a combined development area of over 2 million …

Abu Dhabi becomes home to newest Centre for the Fourth Industrial Revolution, focused on Quantum, Robotics, Space Tech and relate AI applications DAVOS, Switzerland: The Technology Innovation Institute (TII), the applied research arm of Abu Dhabi’s Advanced Technology Research Council (ATRC), and the World Economic Forum (WEF) have announced the launch of the Abu Dhabi Centre for Frontier Technologies, a …

DUBAI: The Emirates Airline Festival of Literature kicked off the day with powerful ideas and practical leadership lessons at the Business Breakfast: Boardroom Lessons from a Hostage Negotiator. Renowned former Scotland Yard hostage negotiator Scott Walker captivated audiences as he explored key insights from his book Eye of the Storm: How to Make Good Decisions in Bad Situations, offering a rare look …

News Desk DUBAI: HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), held discussions with Gordon Thomson, President for Europe, Middle East and Africa (EMEA) at Cisco, on deepening strategic collaboration across digital transformation, advanced technology and cyber security. The meeting was attended by Marwan Bin Haidar, Executive Vice President of Innovation and the Future at …

As AI-powered search cuts customer acquisition costs for 76% of businesses, global brands ramp up investment amid the rise of AI-native shoppers DUBAI: AI-powered search and shopping agents are rapidly reshaping ecommerce economics, according to new research from Pattern Group Inc. (Nasdaq: PTRN), a leader in accelerating brands across global ecommerce marketplaces through proprietary technology and AI. Pattern’s latest study …

By Rafiq Vayani DUBAI: Africa–UAE economic relations reached a defining moment today with the official launch of the CRDB Bank Dubai Representative Office at the Dubai International Financial Centre (DIFC), marking the first time a Tanzanian bank has established a presence within one of the world’s most influential financial hubs. The milestone positions Tanzania, together with the East and Central …

News Desk FUJAIRAH: National Bank of Fujairah (NBF) is pleased to announce the opening of its new NBF Ras Al Khaimah Branch, marking an important step in the Bank’s continued expansion across the Northern Emirates. The opening was marked in a ceremony attended by Members of the Board of NBF, and other senior management. The new branch reflects NBF’s continued …